When comparing My Login Vault vs KeeWeb, the Slant community recommends KeeWeb for most people. In the question“What are the best offline password managers?” KeeWeb is ranked 7th while My Login Vault is ranked 18th. The most important reason people chose KeeWeb is:
KeePass 2.x *.kdbx password-databases (provided they are encrypted by AES-256 with AES key-derivation) are compatible with KeeWeb.
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Pros
Pro Unlimited logins and categories
You can add an unlimited number of logins and categories, in order to make organizing passwords easy.
Pro Privacy options
Privacy options, such as auto shutdown, prevents access when you leave your desk by never showing passwords, unless you ask it to.
Pro Choice of style
A credit card for the wallet or key ring for keys allows the user to visually see differences in their accounts.
Pro All data is stored offline
The app does not call home, ever, as it is a non cloud-based app. It encrypts and stores the data on the users USB.
Pro Simple to use
Easy to use for non techies.
Pro No recurring fees
There is no monthly or yearly fee, and you get a years worth of free updates.
Pro Its password databases are compatible with those of KeePass 2.x
KeePass 2.x *.kdbx password-databases (provided they are encrypted by AES-256 with AES key-derivation) are compatible with KeeWeb.
Pro Available as an online or offline app
There are Windows, Linux and Mac OSX offline apps.
Pro Supports WebDAV, Google Drive and OneDrive
Pro Syncs with Dropbox
Pro Supports 2FA
And it's Google Authentication compatible.
Cons
Con Does not sync over devices
This is an offline app (non cloud based), it only works on Windows PCs and does not sync with your mobile, for example.
Con May be too simple for techies
Ideal for the average computer user, but maybe not enough options for the more techie individual, as there is no browser integration.
Con No multiple users
Only suitable for one user.